Bonus Shares: This multibagger will be issuing bonus shares

Ducon Infratechnologies has given multibagger returns to investors in the past year

Ducon Infratechnologies has given multibagger returns to investors in the past year. The company on Monday declared that its board will consider a bonus issue on February 25. The board also has a proposal of considering increasing the authorised share capital. The stock has given stellar returns of 225 per cent on a year-on-year basis in the past year. Ducon Infratechnologies shares were up by 5 per cent today and traded at 22.10 levels.  

The shareholders who own shares of the firm before the ex-date are eligible for bonus shares as determined by the firm. Subject to the approval of members and other approvals, consent, and conditions as necessary the bonus issue date is decided.

Ducon Infratechnologies company is a rapidly growing fossil fuel technology firm at the forefront of bringing the technology to India’s transformation of green energy. Ducon has diversified technologies and operates in a variety of business segments, to meet challenges and provide solutions in the infrastructure, FGD systems, and material handling sectors.